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TronWeekly

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Bitcoin Traders Brace for 20% Surge Amid Election Turmoil

  • Bitcoin traders are bracing for a 20% surge as the U.S. election approaches.
  • Over 47% of options are calls, indicating increased activity and volatility around the $80,000 strike price.
  • Short-term volatility exceeds long-term trends, showing sensitivity to immediate political and economic events.
  • Traders are seeking protection against unpredictable price swings and are actively hedging for election-driven movements.

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